RNS Number : 8198T
Naked Wines PLC
22 July 2020
Naked Wines plc
For Immediate Release
23 July 2020
Naked Wines plc
(the "Company")
Issue of shares under existing Long Term Incentive Plan
Director/PDMR Shareholdings
The Board of Naked Wines plc are pleased to announce that the performance conditions relating to the
conditional share award granted under the Company's
Long Term Incentive Plan ("LTIP") to certain employees of the Company in July 2016 were partly met. As a result, 99,113 new ordinary shares of 7.5p each in the Company ("Ordinary Shares") have been issued to a number of employees of the Company through an Employee Benefit Trust.
The below Person Discharging Managerial Responsibilities ("PDMR") are included in the members of the management team being issued shares under the LTIP and have notified the Company of the following transactions, to cover tax and national insurance liabilities:
|
Name
|
Title
|
Total Number of Ordinary Shares issued under LTIP
|
Number of Ordinary Shares sold to cover tax liabilities
|
Sale price per Ordinary Share
|
Total Number of Ordinary Shares held*
|
|
Nicholas Devlin
|
Chief Executive Officer
Naked Wines plc
|
5,808
|
2,031
|
£4.009975
|
45,250
|
|
James Crawford
|
Chief Financial Officer
Naked Wines plc
|
28,680
|
13,507
|
£4.009975
|
153,672
|
* Including persons closely associated
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
DIRECTOR/PDMR SHAREHOLDING
|
1
|
Details of the person discharging managerial responsibilities/person closely associated
|
|
a)
|
Name
|
Nicholas Devlin
|
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer
Naked Wines plc
|
|
|
b)
|
Initial notification/ Amendment
|
Initial Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Naked Wines plc
|
|
|
b)
|
LEI
|
213800IYPFIRRQQE9R62
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares of 7.5p
GB00B021F836
|
|
b)
|
Nature of the transaction
|
1) Vesting of share awards under the Company's LTIP
2) Sale of Ordinary Shares to meet tax and National Insurance liabilities
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1) Nil
|
1) Shares awarded: 5,808
|
|
2) £4.009975
|
2) Shares sold: 2,031
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
22 July 2020
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON); AIM Market
|
DIRECTOR/PDMR SHAREHOLDING
|
1
|
Details of the person discharging managerial responsibilities/person closely associated
|
|
a)
|
Name
|
James Crawford
|
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
Naked Wines plc
|
|
|
b)
|
Initial notification/ Amendment
|
Initial Notification
|
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Naked Wines plc
|
|
|
b)
|
LEI
|
213800IYPFIRRQQE9R62
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares of 7.5p
GB00B021F836
|
|
b)
|
Nature of the transaction
|
1) Vesting of share awards under the Company's LTIP
2) Sale of Ordinary Shares to meet tax and National Insurance liabilities
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1) Nil
|
1) Shares awarded: 28,680
|
|
2) £4.009975
|
2) Shares sold: 13,507
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
22 July 2020
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON); AIM Market
|
For further information, please contact:
|
Naked Wines plc
Nick Devlin, Chief Executive Officer
James Crawford, Chief Financial Officer
|
[email protected]
|
|
Investec
(NOMAD & Joint Corporate Broker)
David Flin / Carlton Nelson / Tejas Padalkar
|
Tel: 0207 597 5970
|
|
Jefferies International Limited
(Joint Corporate Broker)
Ed Matthews / Harry Clements
|
Tel: 0207 029 8000
|
|
Instinctif Partners (PR Agency)
Damian Reece / Guy Scarborough
|
Tel: 0207 457 2020 or 07917 178 920
|
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